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Size up the situation. Figuring out what your loved one’s priorities are – where they want to live and the nature of the care needed – will help you determine the next steps. It can lead you to find resources ahead of time. They may be hesitant to share the details of their finances or health, but approach them with respect and explain your intentions. Consider a tiered designation— instead of an assumption of current decline, determine if this is early planning, a response to acute illness or hospitalization, or something else. We’ve inserted a checklist of goals and needs to help you identify concerns related to your loved one’s home, health, finances, and legal needs. Review finances. Older LGBT adults are at greater financial risk than their non-LGBT peers because of disparities in earnings, employment, and opportunities to build savings over a lifetime. They also lack access to legal and social programs that are traditionally established to support aging adults.6 Money can be a particularly sensitive subject, but it’s often at the heart of many decisions you’ll make with your loved one about housing, health care, and other expenses. Caregivers are often surprised to learn that most health insurance, including Medicare, pays for little­—if any—of the costs of care in a nursing home or assisted-living facility. It also does not cover most help with daily activities such as bathing, dressing, or meals. Ask your loved one to review their bank accounts, investments, insurance coverage, and other loans. Find out whether they have long-term care insurance and funds or assets that can be used to cover potential care needs. Look into Medicaid early on to find out if your loved one qualifies for supplemental services. Also, note that veterans may have additional access to healthcare and caregiving assistance.

LGBT Aging Aging: A Review of Research Findings, Needs, and Policy Implications (April 2016). Page 8. http://williamsinstitute.law.ucla.edu/wp-content/uploads/LGBT-Aging-A-Review.pdf. 6

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Profile for SAGE

Prepare to Care  

A planning guide for the caregivers in the LGBT Community. This guide is a practical tool created to help you. Here you’ll find information,...

Prepare to Care  

A planning guide for the caregivers in the LGBT Community. This guide is a practical tool created to help you. Here you’ll find information,...

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